New Launch Condo | Penrose
Situated along Sims Drive which is approximately 400m or just 5mins stroll to Aljunied MRT, Penrose is a highly anticipated private new development developed by 2 renowned developers, Hong Leong Holdings and City Development Limited on this approximately 16,225sqm land parcel, to build 566 luxurious residential units with full condo facilities and a childcare centre.
From 1 Bedroom of size starting from 44 sqm to 4 Bedroom of 130 sqm, a wide range of unit types that are catered to the needs of buyers of different profiles can be found within Penrose. All units are meticulously crafted with exquisite finishing and fittings
This new upcoming 99-year leasehold development will be expecting to drawn large crowds of interest as it is located in the Rest of Central Region of Singapore, District 14 and in a rare quiet location whereby there is very limited supply of New Private Residential Housing since the last launched was in 2015. Being close to URA new plans on the Rezoning of Geylang residential to commercial usage, the supply of residential developments in District 14 will be strapped and the owners in Penrose can expect better returns from their properties in term of capital appreciation and rental demands.
Being conveniently located in a strategic location, residents will be pampered as it is so convenient to reach their daily needs, such eateries and groceries at nearby Sims Vista Market & Food Centre, Geylang Serai Food Centre, Old Airport Food Centre or at the close by malls such as Paya Lebar Square, Kallang Wave Mall, Singapore Sports Hub and Kinex Mall. As for those who are travelling by public transport, it will take not more than 4 mrt stops to reach the mentioned malls. Driving back from work is also easily accessible via the nearby PIE or KPE expressways or during quality family time on rest days, one can easily opted to have some nice cozy eating places outside with families/ love ones within a short 10-15mins drive.
For investors who are looking to rent their units, Penrose is definitely a good development to consider. Sitting close to Aljunied MRT station, which runs along the East-West MRT line, future tenants are just one stop away from the Paya Lebar commercial hub and 5 direct stops away from the Central Business District. The popular Bugis shopping district which not only offer shopping amentites but also comprises of many office spaces is also a mere 3 MRT station away.
Penrose is surrounded by many reputable local educational schools such as Geylang Methodist School (Within 1km), Kong Hwa School and Cedar Primary School. James Cook University Australia being top 2% universities in the world, which provides wide range of university programs and courses is merely 5mins walk away. For International school, Nexus International School is also just around the corner.
Be it for investment of own stay, Penrose is definitely a development not to be missed as it checks all the boxes of a checklist of what a homebuyer or investor would look out for,
- The development houses only 566 apartments. A development that is not too crowded and yet has full condominium facilities.
- Reputable developers. Both CDL and Hong Leong are award winning developers.
- The development is less than 500m to MRT station and it is only a short drive to the central of Singapore.
- It is surrounded by eating and shopping amenities.
- Within 30 minutes of travel to nearby commercial offices.
- Surrounded by good schools.
Penrose – Location Map
Penrose – Site Plan
Penrose – Guide Price
|1 Bedroom||From $7xxk|
Details of Penrose Condo
|Developer||Hong Leong & CDL|
|Site Area||Approx 174,646.6 sqft|
|No Of Units||566|
|No Of Block||5 Blocks of 18 Storey with a childcare centre
|Unit Types||1 Bedroom : 474 - 517 sqft
1 Bedroom + Study : 560 - 570 sqft
2 Bedroom : 646 sqft
2 Bedroom Premium: 700 - 710 sqft
2 Bedroom + Study : 797 - 807 sqft
3 Bedroom : 936 - 980 sqft
3 Bedroom Premium : 1044 - 1098 sqft
3 Bedroom + Study : 1173 - 1184 sqft
4 Bedroom : 1389 - 1399 sqft
|Expected TOP||No later than 1st Oct 2025|
Penrose – Floor Plan